Hammersmith & Fulham Council are looking at plans for a redevelopment of the Linfrd Christie Stadium.
The stadium is currently home to athletics, but reports suggest the plans being worked by sports architecture firm Populous on could contain a 13,000 capacity entertainment venue, among other things.
Queens Park Rangers were looking at the stadium as an option for them to build a new stadium in their long quest to leave Loftus Road, and this option is still on the table, according to the council.
A H&F Council spokesperson said: “Linford Christie Stadium is a vital community asset in an open green space. We want to protect and enhance its use for athletics and recreation for the long-term benefit of residents. Due to severe budget pressures, our subsidy for the stadium in its current form is unsustainable. We have asked a masterplan architect to draw up options for the stadium site, which will be presented this year to the Wormwood Scrubs Charitable Trust for their final decision. We continue to talk a number of stakeholders, including QPR, as part of this process.”